(1)(a) The district treasurer shall be liable
upon the district treasurer's official bond and to indictment and criminal
prosecution for malfeasance, misfeasance, or failure to perform any duty
prescribed in this article 44 as district treasurer. The district treasurer may collect,
receive, and receipt for all money belonging to the district; except that district
assessments shall be collected by the county treasurer pursuant to section 39-10-101 and distributed to the district treasurer pursuant to section 39-10-107.
(b)It is the duty of the county treasurer of each county in which the district is
located, in whole or in part, to collect and receipt for all assessments levied in the
same manner and at the same time and on the same receipt as is required in the
collection of tax
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(1) (a) The district treasurer shall be liable
upon the district treasurer's official bond and to indictment and criminal
prosecution for malfeasance, misfeasance, or failure to perform any duty
prescribed in this article 44 as district treasurer. The district treasurer may collect,
receive, and receipt for all money belonging to the district; except that district
assessments shall be collected by the county treasurer pursuant to section 39-10-101 and distributed to the district treasurer pursuant to section 39-10-107.
(b) It is the duty of the county treasurer of each county in which the district is
located, in whole or in part, to collect and receipt for all assessments levied in the
same manner and at the same time and on the same receipt as is required in the
collection of taxes upon real estate for county purposes. The county treasurer of
each county comprising a portion only of the district shall remit to the district
treasurer all money theretofore collected or received by the county treasurer on
account of the district in accordance with section 39-10-107. Every district
treasurer shall keep a bond fund account and a general fund account. The bond
fund account shall consist of all money received on account of interest and
principal of bonds issued by the district, and accounts for interest and principal
shall be kept separate. The general fund shall consist of all other money received
by the collection of assessments or otherwise.
(2) The district treasurer shall pay out of said bond fund when due the
interest and principal of the bonds of said district at the time and place specified in
said bonds and shall pay out of the said general funds only upon the order of the
board of directors, signed by the president and countersigned by the secretary of
the district. The district treasurer on the fifteenth day of each month shall report to
the secretary of the district the amount of money in his hands to the credit of the
respective funds showing the amount of warrants and bonds paid during the
previous month and the amount of warrants registered, if any. All such district
assessments collected and paid to the county treasurers shall be receipted for by
said treasurers in their official capacity, and they shall be responsible for the
safekeeping and disbursement and payment thereof the same as for other moneys
collected by them as treasurers. Each county shall receive for the collection of such
taxes such amount as the board of directors may allow, to be not less than twenty-five dollars nor more than one hundred dollars per year, but the board of directors
may allow such an additional amount to the county in which the office of the district
is located, such additional compensation, as it may determine in any event, not to
exceed the sum of five hundred dollars per year.